Nice rally towards the end of the day. I'm not a technical person but I like to try and read the emotion of the market. The emotions today where one of panic and fear by the sellers with the buyers sitting off market waiting for the sellers to crumble. All the way to .59. Once it hit that level buyers came from under their rocks and pushed it to a solid .62 close. This tells me the buyers wanted to get all they could today. Overnight there will be a re-rating by sellers as they look at the company and scoure the net for news and wonder why they would want to sell at these levels. I'll put it on the line and say we have hit the bottom of this fall and we will probably see consolidation tomorrow followed by a steady rise before the next lot of panic hits sellers.
Opinions?
Regards Duc
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Nice rally towards the end of the day. I'm not a technical...
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Last
2.3¢ |
Change
0.003(15.0%) |
Mkt cap ! $3.114M |
Open | High | Low | Value | Volume |
2.0¢ | 2.3¢ | 2.0¢ | $3.218K | 150.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2134 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 240382 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2134 | 0.023 |
1 | 300000 | 0.022 |
2 | 181420 | 0.020 |
1 | 252900 | 0.019 |
3 | 466773 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 240382 | 1 |
0.028 | 240000 | 1 |
0.029 | 180013 | 2 |
0.030 | 42787 | 2 |
0.032 | 65069 | 1 |
Last trade - 15.17pm 21/08/2024 (20 minute delay) ? |
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AVM (ASX) Chart |